Cambrex Corp Reaches Analyst Target Price
August 08, 2019 at 09:11 AM EDT
In recent trading, shares of Cambrex Corp (CBM) have crossed above the average analyst 12-month target price of $48.00, changing hands for $60.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..